Adelis Equity Partners

Adelis Equity Partners AB is a private equity firm specializing in lower-mid market and buyout investments. The firm focuses on organic and acquisition-based growth investments in niche industrials, retail, life science, consumer, healthcare and medical technology, and business service sectors in Nordic region. It seeks to invest in companies having revenues between €25 million ($33.59 million) and €400 million ($537.42 million) and enterprise values between €20 million ($26.87 million) and €200 million ($268.71 million). It takes a board seat in its investee firms. The firm seeks to acquire majority interests. Adelis Equity Partners AB was founded in November, 2012 and is based in Stockholm, Sweden with additional offices in Copenhagen, Denmark and Stockholm, Sweden.
JA

Jan Akesson

Co-Founder and Co-Managing Partner

JB

Jesper Bahlke

Investment Professional

Gustav Bard

Co-Founder and Senior Partner

PE

Philip Enckell

Investment Professional

JF

Jacob Frandsen

Director

EH

Erik Hallert

Partner

CL

Caroline Lundgaard Jensen

Investment Professional

HJ

Hanna Jängnemyr

Investment Professional

RM

Rasmus Molander

Co-Managing Partner

LM

Lucia Morris

Investment Professional

JM

Jørgen Møinichen

Investment Professional

HN

Hampus Nestius

Associate Director

HN

Henri Nurmela

Investment Associate

JR

Joel Russ

Co-Managing Partner

Johan Seger

CFO

AS

Adalbjörn Stefansson

Partner and Head of Investor Relations

LS

Lene Sandvoll Stern

Director

ED

Elisabeth Dreijer von Sydow

Associate Director

ST

Steffen Thomsen

Senior Advisor

JU

John-Matias Uuttana

Investment Professional

JW

Jakob Wedenborn

Investment Professional

MW

Martin Welna

Partner

OX

Owe Xie

Investment Associate

DY

Dimitri Yakupov

Investment Professional

Jan-Olof Åkesson

Co-Founder, Co-Managing Partner and Partner

21 past transactions

SSI Diagnostica A/S

Acquisition in 2016
SSI Diagnostica was previously an independent business unit under Statens Serum Institut (SSI) in Denmark, a public enterprise under the Danish Ministry of Health. Since 1998, it has developed, produced and sold in vitro diagnostica for clinical microbiology, veterinary diagnostics, food, environmental and hygiene control to the home market as well as abroad. Its products are sold worldwide and encompass antisera and culture media from its own production plant in Hillerød, Denmark, as well as blood products from its own farm.

Nordentic AB

Acquisition in 2017
Nordentic is at the leading edge in implementing new technologies and materials, and from its experienced team, the Company delivers the highest level of expertise across all different areas of dental prosthetics.

Nordomatic AB

Acquisition in 2016
We are a Swedish company founded in 1967 and was the first in Sweden with the idea to offer brand-independent solutions to the real estate market. This pioneering spirit, we are building ever further on with the help of our expertise and curious people.

AddPro

Acquisition in 2017
AddPro offers application and cloud integration services. AddPro is a fast growing knowledge-based company that builds digital highways and develop smart, flexible and cost-effective IT systems.

Kanari

Acquisition in 2020
Kanari provides information technology (IT) performance solutions. The company offers stability and performance analytics services focusing on monitoring, measuring, and analyzing performance across the IT value chain; and application performance monitoring services. It serves large Nordic enterprises across multiple business sectors, including finance, manufacturing, retail, and energy. Kanari was formerly known as Red Ocean Technology AS and changed its name to Kanari in August 2020. The company was founded in 2011 and is based in Oslo, Norway with additional offices in Strand, Sweden; Copenhagen, Denmark; and Helsinki, Finland.

Green Team Group

Acquisition in 2014
Green Team Group offers christmas tree seedling and decoration services.

Valamis

Acquisition in 2020
Valamis Learning Experience Platform is an award-winning solution developed in cooperation with our customers. Valamis enables formal, informal, social, and microlearning, content authoring and management tools. Valamis gives users an access to in-depth analytics in their learning process by supporting the xAPI standard and a built-in Learning Record Store (LRS). The platform offers organizations an economic way to upskill their workforce and manage learning and development globally.

Puuilo Oy

Acquisition in 2015
Puuilo Oy owns and operates a chain of discount retail stores. It sells tools, machinery, detergents, and various seasonal products, do-it-yourself/renovation related products, tools, car accessories, garden supplies, pet food and supplies as well as household goods. The company was founded in 1982 and is based in Kajaani, Finland.

Med Group Oy

Acquisition in 2014
Med Group Oy is a healthcare company that provides ambulance, medical, oral healthcare, and home care services in Finland. The company offers ambulance and paramedic services that include responding to emergency medical care requests forwarded to by the emergency response center, as well as providing non-emergency paramedic services and patient transfers; and medical services for various fields of health care, such as basic health care, school health care, maternity clinics and child health care, home care, and care for elderly patients.

Axentia Technologies AB

Acquisition in 2020
Axentia Technologies AB manufactures and supplies autonomous real time display systems for public transport. It offers iBus display provides real-time information services; iBus display accessories, such as text-to-speech, and digital timetable; iBus System Solution; and iBus Datasheets. The company was founded in 2004 and is based in Linköping, Sweden.

Ropo Capital

Acquisition in 2019
Ropo Capital a company buys its goods or services for its money, the company in addition to the company in addition to the whole society. Our job is to take care of billing companies as a whole. Our competitors handle only one aspect, such as payment controls. We handle everything. So far, our name has been the Trust Capital. Now, our range of services expands and we can automate the entire life cycle of the bill. We are stronger and more stable, but still as agile as before. Our client companies are small and the country's largest. Our new name is Ropo. We are changing the whole industry and creating a new time for billing. We are the first agile operating model for our customer companies. They help minimize manual work, speed up cash flow and improve customer experience. Our solutions include human-based services, skilled staff and efficient digitization of processes. We will help businesses and society remain vital in the future.

IT Relation Front-data Group

Acquisition in 2016
The combination of IT Relation, Front-data and DSI-NEXT, we have made four investments and three add-on acquisitions in Denmark since establishing Adelis less than three years ago. We are impressed by the three companies’ niche focus on small businesses, their consistent growth, and their strong cultures that make them leaders in this industry,” said Steffen Thomsen of Adelis. “This acquisition creates a strong platform for growth. We have experience with similar companies where we have focused on finding the best platform in terms of a scalable business model combined with a strong company culture and a skilled management team,” Joel Russ of Adelis added. ###The three businesses will continue activities under their own brands as part of the IT Relation Front-data Group### and have access to capital and knowledge that will make it possible to accelerate their positive business development.

Søgemedier A/S

Acquisition in 2018
Søgemedier is a nationwide media agency, with offices in Aarhus and Copenhagen. They specialize in optimizing small and medium business marketing, so they get the most power out of their marketing budget. Their business advisers have an overview of what marketing channels, your business should take advantage of. Their advice is impartial - they get no commission from ad providers! They find the solution that is best for your business. They negotiate your contracts with external partners and ad providers, or provide a proposal for what their media house can offer you the online marketing.

Knightec

Acquisition in 2017
Knightec provides technology and management consultants, looking for innovations that simplify and improve everyday life.

INTERSPORT Sverige AB

Acquisition in 2015
INTERSPORT Sverige AB owns and operates sports apparel and equipment stores. The company was founded in 1974 and is headquartered in Taberg, Sweden.

Quattro Mikenti Group Oy

Acquisition in 2017
Quattro Mikenti Group offers HVACE as well as sprinkler installation services in Finland and Russia. The group consists of 13 specialized subsidiaries and is one of the largest technical building services contractors in Finland. The group employs over 450 technical building services specialists.

Ordrestyring.dk

Acquisition in 2018
Ordrestyring.dk provides order management system for craftsmen. In 2011, Carsten Rasmussen founded Ordstyryring.dk. One man got a handful of customers who were willing to use the new program, even though it was still under development. The project took off speed, for Carsten Rasmussen sensed that the craftsmen were in need of an hourly management system.

Hantverksdata

Acquisition in 2018
Hantverksdata Sverige AB develops and supplies software and services for construction and service sectors. It develops management software for electrical, plumbing, painting, and glass industry. It also provides industrial solution in the form of alarms, flooring, sheet and vent, cold, and lift. The company was founded in 1971 and is based in Danderyd, Sweden.

Didriksons

Acquisition in 2018
Didriksons AB manufactures and supplies oil garments and functional clothing. It offers sets, tops, bottoms, coveralls, and accessories for women, men, youth, and kids. The company offers its products for various customers that include hunters, golfers, active people, and fishermen. It sells its products through stores in Sweden. The company was founded in 1913 and is based in Borås, Sweden.

NGI A/S

Acquisition in 2014
NGI A/S manufactures a range of machine feet in stainless steel and reinforced polyamide for adjustment, stabilization, and vibration absorption of all types of machines and equipment.

Logent AB

Acquisition in 2013
Logent Holding AB offers logistic services in Sweden. It provides services, such as contracting and site solution, consultancy services, customs services, port and terminal development, staffing solution, training, and IT system for logistic sector. The company was founded in 2006 and is headquartered in Stockholm, Sweden with additional office in Lillestrøm, Norway.